Cre8 Enterprise Limited Announces Closing of Initial Public Offering

Rhea-AI Summary

Cre8 Enterprise Limited (Nasdaq: CRE), a Hong Kong-based financial printing service provider, has successfully completed its Initial Public Offering. The company sold 1,450,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $5.8 million.

Trading commenced on the Nasdaq Capital Market on July 23, 2025 under the ticker "CRE". The underwriters have a 45-day option to purchase an additional 217,500 shares. The company plans to use the proceeds for upgrading its Hong Kong office, business expansion, workforce development, IT systems enhancement, and working capital.

Positive

• None.

Negative

• Relatively small IPO size of $5.8 million may limit growth potential
• Concentrated business focus in Hong Kong market suggests geographic risk

Insights

IPO Specialist

Cre8 Enterprise completed a $5.8M Nasdaq IPO at $4/share, marking a significant milestone for this Hong Kong financial printing provider.

Cre8 Enterprise Limited (Nasdaq: CRE) has successfully closed its initial public offering, raising $5.8 million in gross proceeds through the issuance of 1,450,000 Class A ordinary shares priced at $4.00 per share. Trading commenced on July 23 on the Nasdaq Capital Market under ticker symbol "CRE".

This IPO represents a relatively modest capital raise compared to typical Nasdaq listings, which may reflect the company's specialized position as a Hong Kong-based financial printing service provider. The $5.8 million proceeds will be strategically allocated toward several growth initiatives: upgrading their Central District Hong Kong office, expanding business operations, increasing workforce and training, upgrading IT systems, and general working capital.

The offering structure includes a 45-day option for underwriters to purchase an additional 217,500 shares (representing 15% of the initial offering) at the IPO price, which could potentially increase total proceeds if exercised. American Trust Investment Services served as the lead underwriter, with Prime Number Capital as co-underwriter on this firm commitment offering.

For a financial printing service provider, achieving a Nasdaq listing represents both a significant milestone and a potential credibility enhancement with clients who themselves may be pursuing capital market activities. The SEC filing was declared effective on July 22, with the final prospectus filed July 23, indicating a smoothly executed regulatory process.

Hong Kong, July 24, 2025 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (the “Company”), a Hong Kong-based integrated financial printing service provider, today announced the closing of its initial public offering (the “Offering”) of 1,450,000 Class A ordinary shares (the “Class A Ordinary Shares”) at a price of $4.00 per share (the “Offering Price”).

The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on July 23, 2025 under the ticker symbol “CRE.”

The Company received gross proceeds of approximately $5.8 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 217,500 Class A Ordinary Shares of the Company, at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the “Over-allotment”). 

The Company intends to use the net proceeds for upgrading the Company’s office in the Central District in Hong Kong and expanding its business, expanding its workforce and staff training, upgrading and/or acquiring equipment and information technology systems, and for working capital and other general corporate purposes.

The Offering was conducted on a firm commitment basis. American Trust Investment Services, Inc. acts as the representative of the underwriters, with Prime Number Capital, LLC acts as the co-underwriter (collectively, the “Underwriters”) for the Offering. Ortoli Rosenstadt LLP acts as U.S. securities counsel to the Company. Winston & Strawn LLP acts as the legal counsel to the Underwriters in connection with the Offering.

A registration statement on Form F-1 relating to the Offering has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-281629) and was declared effective by the SEC on July 22, 2025. The Offering was made only by means of a prospectus. A final prospectus relating to the Offering was filed with the SEC on July 23, 2025 and may be obtained from American Trust Investment Services, Inc. by standard mail to 1244 119^th Street, Whiting, IN 46394, by telephone at +1 (219) 473-5542 or via email at IB@amtruinvest.com; or from Prime Number Capital, LLC by standard mail to Prime Number Capital, LLC, 12 E 49 St, Floor 27, New York, NY 10017, by email at info@pncps.com, or by telephone at +1 (516) 717-5671. In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, and no sale of these securities may be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Cre8 Enterprise Limited

Cre8 Enterprise Limited provides 24/7 integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market in Hong Kong under its brand, “Cre8”. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. In addition to these core services, it has expanded its offerings to include complementary design services such as website design, branding, and content creation for marketing materials. Moreover, it is now providing technological support to its customers by disseminating and publishing announcements, circulars, financial reports, and industry news feeds through a website of its “Cre8IR” brand.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company’s statements regarding its intended use of proceeds from the sale of the Company’s Class A Ordinary Shares in the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.  

For more information, please contacts:

Cre8 Enterprise Limited

Email: ir@cre8corp.com
Phone: +852 3693 2688

FAQ

How much did Cre8 Enterprise (CRE) raise in its IPO?

Cre8 Enterprise raised $5.8 million in gross proceeds through its IPO by selling 1,450,000 Class A ordinary shares at $4.00 per share.

When did Cre8 Enterprise (CRE) stock begin trading on Nasdaq?

Cre8 Enterprise stock began trading on the Nasdaq Capital Market on July 23, 2025 under the ticker symbol CRE.

How will Cre8 Enterprise use its IPO proceeds?

The company will use proceeds for upgrading its Hong Kong office, business expansion, workforce development, IT systems enhancement, and working capital.

What is the over-allotment option in Cre8 Enterprise's IPO?

Underwriters have a 45-day option to purchase up to 217,500 additional shares at the IPO price of $4.00, representing 15% of the initial offering.

Who are the underwriters for Cre8 Enterprise's IPO?

American Trust Investment Services, Inc. is the representative underwriter, with Prime Number Capital, LLC acting as co-underwriter.